CEO Zeitlin Commits to Lead Tapestry, Inc. Through Its Multi-Year Growth Agenda
09 Marzo 2020 - 2:15PM
Business Wire
Coach CEO & Brand President Schulman to
Depart
Tapestry, Inc. (NYSE:TPR), a leading New York-based house of
modern luxury accessories and lifestyle brands, today announced
that Jide Zeitlin, Chairman and Chief Executive Officer, has
committed to continue leading the Company for the next three years
as Tapestry defines and implements its multi-year growth
agenda.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200309005756/en/
Jide Zeitlin, Chairman and Chief
Executive Officer of Tapestry, Inc. (Photo: Business Wire)
The Company also announced that Joshua Schulman, the Chief
Executive Officer and Brand President of Coach, will depart the
organization after a transition period. During the search for Mr.
Schulman’s successor, Mr. Zeitlin will have direct oversight of
Coach's strategy and operations, working closely with the brand's
senior leadership team.
"Since becoming CEO, I have had the opportunity to immerse
myself in the Company, including leading an in-depth review of the
brands and businesses,” said Jide Zeitlin, Chairman and Chief
Executive Officer of Tapestry, Inc. “The review revealed attractive
growth opportunities for Coach, Kate Spade and Stuart Weitzman,
which we will unlock by further leveraging each brand’s
differentiated positioning and strong consumer connections, powered
by a modern, agile Tapestry platform. Over the next several years,
I will continue to work with our world-class teams to sharpen our
focus on execution while driving our evolution to being a truly
consumer-centric and data-driven organization, which will ensure we
deliver on the full potential of our entire portfolio and enhance
returns for all stakeholders."
"We thank Josh for his leadership. Looking forward, I am excited
to partner with the seasoned and talented management team at Coach,
including Executive Creative Director Stuart Vevers, to continue to
build on the power of the Coach brand to delight our customers by
delivering exceptional products and services.”
Tapestry, Inc. is a New York-based house of modern luxury
lifestyle brands. The Company’s portfolio includes Coach, Kate
Spade and Stuart Weitzman. Our Company and our brands are founded
upon a creative and consumer-led view of luxury that stands for
inclusivity and approachability. Each of our brands are unique and
independent, while sharing a commitment to innovation and
authenticity defined by distinctive products and differentiated
customer experiences across channels and geographies. To learn more
about Tapestry, please visit www.tapestry.com. The Company’s common
stock is traded on the New York Stock Exchange under the symbol
TPR.
This information to be made available in this press release may
contain forward-looking statements based on management's current
expectations. Forward-looking statements include, but are not
limited to, the statements that can be identified by the use of
forward-looking terminology such as "may," "will," “can,” "should,"
“confident,” “future,” "expect," "intend," "estimate," "continue,"
"project," "guidance," "forecast," “outlook,” “believe,”
"anticipate," “excited about,” “moving,” “leveraging,”
“capitalizing,” “developing,” “drive,” “targeting,” “assume,”
“plan,” “build,” “pursue,” “maintain,” “on track,” “well positioned
to,” “commit,” “look forward to,” “to acquire,” “achieve,”
“strategic vision,” “growth opportunities” or comparable terms.
Future results may differ materially from management's current
expectations, based upon a number of important factors, including
risks and uncertainties such as expected economic trends, the
ability to anticipate consumer preferences, the ability to control
costs and successfully execute our transformation and operational
efficiency initiatives and growth strategies and our ability to
achieve intended benefits, cost savings and synergies from
acquisitions, the risk of cybersecurity threats and privacy or data
security breaches, the impact of tax legislation, the impact of the
coronavirus outbreak, etc. Please refer to the Company’s latest
Annual Report on Form 10-K, Quarterly Report on Form 10-Q and its
other filings with the Securities and Exchange Commission for a
complete list of risks and important factors. The Company assumes
no obligation to revise or update any such forward-looking
statements for any reason, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200309005756/en/
Tapestry, Inc. Analysts & Media: Andrea Shaw Resnick Global
Head of Investor Relations and Corporate Communications
212/629-2618 aresnick@tapestry.com Christina Colone Vice President,
Investor Relations 212/946-7252 ccolone@tapestry.com
Tapestry (NYSE:TPR)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Tapestry (NYSE:TPR)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024